100sma@4935; 73.6% @ 4949 & R3@4948; MEma @ 4959.
Tuesday, January 17, 2012
Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...

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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
40 comments:
Good Morning Ilango Sir and Friends
TCS Charts Before results : CLICK HERE
Namaste Ilango Guruji, a VERY GOOD MORNING to YOU & to all members of JN family...
Good Morning Master & Friends,
Namaste Ilango Sir and all friends and seniors
May the Lord give us peace and prosperity here!
have a nice trading day
Good Morning Ilango sir and Blog mates,
In yesterday Trade plan I mentioned the target as 4906. This target was arrived based on sub wave 5th extension of 5th wave.
NIFTY Analysis : CLICK HERE
GoodMorning Ilango sir and All !
good morning sir
Good Morning Guruji and every one.
Good Morning Sir and all blogmates.
Have a great trading day.
Namaste Ilango Sir And All.
Namaste Ilango Sir and fellow bloggers.
LV
Good Morning to all
Good Morning Master and copy to All
Early bird gets the worm,
but the second mouse gets the cheese
Good Morning Ilango Sir and JNfamily
@Good morning ☺ Ilango Sir and all blog mates
Thank you Sir for your analysis.
DR sir
Early bird catches the worm......
but what about the early worm??
Our current blog appears aesthetically better than the earlier one; further it is pleasing to the eye. Once again I would like to endorse my appreciation to Sam
LV
Gm sir and friendS! Mid bb in weekly comes at 4951.
GM sir, DRSIR
and JNFAMILY friends
Dear Seniors,
Could anyone please tell me where to get live PCR.
The link in our blog shows it to be 1.2 for many days.
Thank you.
Just for...
http://1.bp.blogspot.com/_pecLKWMHjxY/S_kccwZmxwI/AAAAAAAAAJw/BiglgwYk2gU/s1600/earlyBirdCatches.jpg
Master ilango, good morning
And CONGRATS to SAM for updating this BLOG with master for
its new looks.
Good morning sir and warriors
@ SAM
Salute to Sam I Am
for bailing out
cheers
ORB PL.
THANKS IN ADVANCE
Namaste ilango sir and friends,
Today's quote received :
It is better to spend so much time to improve ourselves that we spare no time to criticize others…!!!
So from 4531, we just have a simple impulse forming ?
4531-4800 - w1 ( this doesnt look impulsive ? )
4800-4588 - w2
4588-5022 ???
GM Everybody,
Initial Nifty cash High Volume trade @ 4921.50,it is significant, i.e. almost 25lac,so it shall be very helpful for a day for further determination for possible targets from here, if there are any…
Today taking totally rest from market activity…. But wishing all the best to you all for your respective trading strategies and plans for a day... :)
Thanks and Bye Everybody…
RSI 5,15,30 and 60 mt..reached at or abv 70..
bus 10 point more please hit 4949 nifty spot please
@venkatapathy l , @buggie advani ....
Thanks.
Dear Ilango sir, Did My post go to spam? Bcaz when i refresh page it doesn't appear there.
@Yash and Dhan... Present PCR is 1.28
Day R3: 4948
Week R1: 4945
Month R1:4972.
Trading @ top end of the cluster resistance:4910-40.
Holding above 4860 & 4905, weekly trend could assert itself.
Hello Sir,
I have shorted the NF at 4849, please suggest the SL, and should I hold or exit at this level.
Umesh
New Post Done.
GM to all JNSAR family.
@Master: Is it too early to short @4950 (spot) levels, or is nifty up to make a tgt of 5000 (looking from the 5000 CE OI addition with increase in price - says long buildup)?
@ Ilango
When the trend continues to be on one side why some people enter in a contra trade. Sir will you please explain? I am really perplexed. If I miss the entry point I prefer to wait for the next opportunity and never make a contra trade. Am I wrong
Thanks in advance.
Regards,
LV
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